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Valero Energy Corporation
Long

LONG VLO, Huge R:R = 8.01

By asenski
Updated
Amazing opportunity here, risk/reward wise.

Let's see how it plays out...
Comment
Drat! This was a BS move following the quadruple witching day on Friday.

I don't usually use stops, but instead watch the price action. I am not closing this trade until the close of the day, if near the close of the day we are above the stop I'm letting it stay in.
Trend Analysis
asenski
Follow me for some interesting Risk:Reward ideas. I have a purely technical analysis approach. I mainly watch and trade US stocks that have weekly options. This is not an investment advice, do your own due diligence.
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